– Celebrating a Decade of Excellence, Honoring Outstanding Investor Relations – and Witnessing Industry Leaders Striving for Perfection
The Quam IR Awards 2024 (referred to as the Awards) was successfully held on July 9, 2025, at the Mandarin Oriental Hong Kong, recognizing investor relations and sustainability teams that effectively implement best practices in a complex financial and investment environment. Hosted by Quam Investor Relations (Quam IR), the Quam IR Awards celebrated its 10th anniversary, having honored numerous outstanding listed companies over the years. The event was delighted to witness continuous progress across the industry, with a relentless pursuit of excellence.
Management of Quam Plus Financial Group, including Ms. May Mak, Chief Financial Officer (seventh from the left); and Dr. Army Yan, Chief Investment Officer (eighth from the right), took picture together with award presenters and representatives of awarded companies.
A Decade Milestone: Setting Benchmarks and Strengthening Market Confidence The fairness and transparency of information disclosed by listed companies are critical factors for public investment decisions. These practices not only enhance public understanding of companies but also promote the healthy development of financial markets. Over the past decade, the Quam IR Awards has driven industry progress, fostering communication and trust between investors and listed companies. The Awards have recognized numerous listed companies, with growing credibility, and Quam IR is deeply honored by this achievement. Despite a challenging market sentiment influenced by the overall economic environment, this year’s Awards still received enthusiastic support from listed companies, with 10 companies receiving accolades. With the industry’s unwavering efforts, investor confidence is expected to be further strengthened.
Special Awards Recognizing Sustainable Development Achievements To acknowledge institutions’ contributions and performance in achieving sustainability goals, the Quam IR Awards introduced the “Sustainable Development Category” to commend companies excelling in Environmental, Social, and Governance (ESG) practices. This year, a special “Sustainable Development Category – Best Report of the Year” award was established to recognize companies showcasing their sustainability performance and commitments through ESG reports. Anta Sports Products Limited won this prestigious award.
With the growing importance of ESG issues, the event invited Alaya Consulting Limited to deliver a keynote speech. Mr. Tong Wong, Founder and GRI Nominated Trainer, spoke on “Navigating ESG Disclosure Trends: Challenges and Opportunities for Hong Kong Listcos” providing insights to help the industry navigate the latest ESG developments on the path to sustainability.
Investor Relations Prominence Accentuated in Volatile Macroeconomic Climate Mr. Christopher Tang, Chief Executive Officer of Quam Asset Management Limited, said at the opening remark “Our investors are more than financiers; they are our partners who share our vision and support our growth. We value their trust and understand the significance of transparent and considerate relationships. This is why investor relations plays a crucial role in fostering transparency, trust, and effective communication between our company and its investors.”
Dr. Army Yan, Chief Investment Officer of Quam Plus Financial Group, said “Looking ahead, with the rapid development of artificial intelligence (AI), investor relations professionals need to stay ahead of market dynamics more than ever. AI can streamline processes, provide precise insights, and predict market trends. When leveraged effectively, it can elevate the standards of investor relations, enabling more efficient two-way communication with the market.”
Steadfast Support from Industry Peers and Media Allies Quam Investor Relations was honored to have Dr. Gordon Tsui, Board Director of the Hong Kong Securities and Investment Institute; Dr. Michael Chan, Honorary Chairman of Hong Kong Institute of Marketing; and Mr. Tony Wong, Founder and GRI Nominated Trainer of Alaya Consulting Limited, as award presenters, witnessing this grand occasion.
The ceremony received widespread support from business partners and media from Hong Kong and mainland China (in no particular order), including the Hong Kong Listed Companies Chamber, Hong Kong Independent Non-Executive Directors Association, Hong Kong Securities and Investment Institute, FX678 and Pop Finance.
– Front-loading supports current performance; expectations soften but remain positive
Standard Chartered and the Hong Kong Trade Development Council (HKTDC) jointly released the latest Standard Chartered Greater Bay Area Business Sentiment Index (GBAI), which showed resilient current business performance after the so-called US ‘Liberation Day’ tariffs shock, supported by front-loading of orders and production. Meanwhile, businesses were cautious on the outlook as expectations softened but remained positive.
The “current performance” index for business activities eased marginally to 53.1 in Q2 from 53.5 in Q1. A breakdown of index components supports the front-loading narrative; “Production/sales” was the strongest performer among the eight main sub-indices, in terms of both absolute score (57.1, the highest in a year) and change (+4.2 pts). Other positive drivers include “Fixed asset investment” (+2.0pts), “Profits” (+1.1pts) and “Raw material inventory” (+0.1pts).
Meanwhile, the “expectations” index for business activity fell to 52.0 in Q2 from 54.3 in Q1. This is the weakest level since Q4-2022, but the fact that expectations stayed above the 50 neutral mark provides some relief. There is a broad-based deterioration across sub-components as seven of the eight expectations sub-indices fell, and the exception was “Capacity utilisation”. “Financing scale” (-5.1pts), “Finished goods/services price” (-4.8pts) and “Production/sales” (-2.6pts) saw the biggest declines in the quarter.
By sector, “Innovation and technology” outperformed (+6.3pts for “current performance” and +5.5pts for “expectations”), while “Manufacturing and trading” showed short-term resilience (-0.4pts and -2.1pts) as rush orders ahead of US tariff implementation have kept manufacturers busy. ‘Retail and wholesale’ disappointed (-1.0pts and -4.1pts), despite the perceived effectiveness of China’s consumer goods trade-in program.
Across GBA cities, there was setback for Hong Kong and Guangzhou. Hong Kong saw the biggest drops among GBA cities (-9.8pts for “current performance” and -10.5pts for “expectations”) in the quarter. This partly reflects its vulnerability to the external environment and domestic consumption struggles. Guangzhou fell 9.3pts for “current performance” and 6.3pts for “expectations”.
Kelvin Lau, Senior Economist, Greater China and North Asia, Standard Chartered, said: “The looming tariff uncertainty has driven the front-loading of orders and production in the second quarter, while also accelerating AI development. Looking ahead, the findings revealed a more cautious view of GBA businesses amid the uncertain business outlook in the second half, especially regarding the outcome of bilateral trade deals after the 90-day pauses. Additionally, Hong Kong’s economy saw steady expansion in the first quarter. Given the significant proportion of external economic activities relative to its GDP, international trade and tariff policies are crucial for Hong Kong.”
For thematic questions, only some 10% of respondents saw a material direct impact from US tariff hikes. Notably, tariff pauses and exemptions provided relief on the impact, this underscores the importance of maintaining the recent US-China trade truce and quickly finalising other bilateral trade deals in Q3.
In terms of the impact of doing business, 41% of the respondents said US tariff hikes would delay the implementation of their business plans. Other major impacts include “difficult to navigate high level of logistical/customs disruption/uncertainty” (35%) and “losing business to other markets with lower tariff impact” (30%). Meanwhile, 32% of the respondents would sell more into the domestic market as the most common way to address the US tariff shocks and associated uncertainties.
Irina Fan, Director of Research, HKTDC, said: “The findings showed that GBA companies are relatively resilient to US tariffs, although our survey was conducted shortly after the US ‘Liberation Day’ tariffs against its trade partners in April and did not capture all of the more recent developments since. Some 75-80% of the GBA companies see negative impacts by US tariffs, mostly due to delay in business plan implementation and logistics disruptions.”
“In response to this new era of US trade policy, GBA companies seek to increase domestic sales and expanding to key markets in the region, in particular ASEAN, reflecting the mainland and HKSAR Governments’ efforts in promoting closer economic ties with these countries and regions.”
About the GBAI The GBAI is the first forward-looking quarterly survey in the market that looks at the business sentiment and synergistic effects in cities and industries across the GBA. It is compiled based on a survey of more than 1,000 companies in the GBA covering the manufacturing and trading, retail and wholesale, financial services, professional services and innovation and technology sectors. The index enables investors and businesses to better understand the current business climate, gauge future performance prospects and formulate their market strategies for the GBA.
About Standard Chartered We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.
The history of Standard Chartered in Hong Kong dates back to 1859. It is currently one of the Hong Kong SAR’s three note-issuing banks. Standard Chartered incorporated its Hong Kong business on 1 July 2004, and now operates as a licensed bank in Hong Kong under the name of Standard Chartered Bank (Hong Kong) Limited, a wholly owned subsidiary of Standard Chartered PLC.
About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit:www.hktdc.com/aboutus.
Alliance Delivers ‘Nanaho Yoshi’ to Transform Sustainability Data into Competitive Advantage
Valuufy, a pioneering value measurement startup, and Mainichi Future Creation Lab, the innovation hub of the Mainichi Shimbun Group, have announced a strategic partnership that turns sustainability reporting into actionable business intelligence. The collaboration combines Valuufy’s data-driven ValuuCompass™ platform with Mainichi’s trusted media platform to provide companies with new approaches to their business sustainability strategy.
The partnership builds on compelling market data: Japan hosts 56% of the world’s companies over 200 years old, organizations that have consistently outperformed competitors by managing stakeholder relationships strategically. These companies recognized that focusing only on financial indicators such as shareholder value creates vulnerabilities, while organizations that effectively manage relationships and risks across customers, employees, partners, shareholders, society, and nature achieve superior long-term performance and market resilience.
“Japan’s business longevity demonstrates that systematic stakeholder insights and management creates competitive advantages,” said Kyle Barnes, CEO of Valuufy. “Our partnership with Mainichi Future Creation Lab makes these practices measurable and actionable. ValuuCompass provides companies with the stakeholder intelligence and risk visibility needed to navigate today’s complex business environment.”
Stakeholder Intelligence Platform
ValuuCompass functions as both a transparency tool and management platform, enabling organizations to track and optimize their stakeholder ecosystem. The methodology builds on ‘sanpo yoshi’, the centuries-old principle practiced by Ohmi merchants ensuring business benefits the seller, buyer, and society. Valuufy has expanded this wisdom into ‘nanaho yoshi’ or ‘seven-way satisfaction’ for modern business complexity.
ValuuCompass reveals how stakeholder relationship health connects to business resilience. Organizations can identify specific risks such as employee turnover costs, customer defection patterns, supply chain vulnerabilities, and regulatory backlash before these issues impact operations. The platform also helps companies avoid reputation risks by identifying gaps between public sustainability communications and actual performance.
ValuuCompass has demonstrated market validation through implementations with a major Japanese financial institution and one of the “Magnificent Seven” technology leaders, providing stakeholder relationship intelligence, portfolio risk assessment, and competitive benchmarking capabilities across different markets and business cultures.
“ValuuCompass shows companies both the value they’re creating and the risks they need to manage across all stakeholder relationships,” Barnes stated. “This dual capability—value identification and risk early warning—gives organizations visibility into their business ecosystem that conventional frameworks miss.”
The ValuuCompass methodology synthesizes over 1,200 metrics from 45 global frameworks into actionable business intelligence. The partnership addresses growing corporate frustration with existing frameworks that cannot benchmark performance across competitors, industries, or regions while failing to connect stakeholder impacts to long-term business success.
“Japanese businesses have long understood that lasting success requires creating value for society alongside shareholders,” said Tamotsu Takatsuka, CEO of Mainichi Future Creation Lab. “This partnership translates that understanding into concrete metrics that today’s business leaders can implement while providing the stakeholder intelligence needed for effective risk management.”
Market Applications
The platform serves organizations facing various sustainability challenges: mature sustainability teams seeking to demonstrate measurable impact, investment firms requiring better portfolio guidance and risk assessment, and companies identifying value creation opportunities through stakeholder relationship optimization. For investors specifically, ValuuCompass provides stakeholder value assessment and risk intelligence that conventional due diligence processes cannot capture, quantifying how stakeholder relationship deterioration translates into financial impact.
The collaboration will begin with content examining case studies of Japanese companies that embody sustainable business models and feature dialogue with executives and thought leaders on the future of business sustainability and value creation. The partnership will also explore additional collaborative opportunities to advance sustainability standards and business practices in Japan and globally, while identifying opportunities for expanded strategic initiatives. Following Valuufy’s feature in Mainichi Weekly Economist in May, additional content will explore how Japan’s traditional business values connect with next-generation sustainability thinking.
Organizations wishing to learn how ValuuCompass can help them with their risk and value assessment or investment evaluations can contact learnmore@valuufy.com or visit www.valuufy.com.
About Valuufy Founded in Kyoto and built on a decade’s research at Doshisha University’s Value Research Center, Valuufy translates stakeholder relationship management into measurable business value. The company provides stakeholder assessment, competitive benchmarking, and strategic improvement roadmaps that help organizations create value while managing risks. ValuuCompass synthesizes over 1,200 sustainability metrics from 45 global frameworks into actionable insights across seven stakeholder groups, providing data on relationship health, value potential, risk exposure, and improvement pathways.
About Mainichi Future Creation Lab Established in 2017 as the innovation hub within the Mainichi Shimbun Group, one of Japan’s largest media groups encompassing newspapers, magazines, and digital publications with nationwide reach, Mainichi Future Creation Lab identifies and accelerates breakthrough solutions to pressing social challenges. The group’s publications include the Mainichi Shimbun daily newspaper and Weekly Economist magazine, among other media properties. The Lab invests in startups and operates acceleration programs while supporting government startup initiatives and municipal innovation projects.
Contact Information: Valuufy Inc news@valuufy.com
Media Inquiries: Mainichi Future Creation Lab mirailab@mainichi.co.jp
UOB Hong Kong and the Hong Kong Trade Development Council (HKTDC) signed a landmark Memorandum of Understanding (MOU) at the ASEAN Conference 2025 in Singapore, marking a significant milestone in regional collaboration between the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and ASEAN. This strategic agreement positions UOB Hong Kong as the first Singapore-based bank to formalise a partnership with HKTDC, reaffirming a shared commitment to advancing sustainable economic development and deepening regional integration.
The MOU was announced by Adaline Zheng, CEO of UOB Hong Kong, and Vivienne Chee, Director of Singapore, HKTDC, witnessed by Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, Singapore, Teo Siong Seng, Chairman of the Singapore Business Federation, Wee Ee Cheong, Deputy Chairman and Chief Executive Officer, UOB, and Kwan Ho Leung, Regional Director – Designate, South East Asia and South Asia, HKTDC.
The agreement outlines a robust framework for cooperation, aimed at strengthening regional ties and promoting sustainable growth. Through strategic initiatives, the partnership will enhance connectivity, promote trade, and foster integrated development of markets across the GBA, including Hong Kong, and ASEAN.
The MOU also aims to create job opportunities and empower communities across both regions by supporting enterprise development and deepening regional collaboration. Companies can leverage UOB’s extensive regional network and financial expertise, alongside HKTDC’s strengths in trade promotion, to access new markets, resources and professional knowledge.
Vivienne Chee, Director of Singapore, HKTDC, said: “We are delighted to partner with UOB Hong Kong to strengthen GBA-ASEAN collaboration. This MOU reflects our shared vision to foster sustainable economic growth through deeper trade and investment ties. By leveraging our respective strengths, we will enable businesses to seize arising opportunities and navigate the evolving global landscape with confidence.”
Adaline Zheng, CEO of UOB Hong Kong, said, “This partnership with HKTDC underscores our strong commitment to driving regional growth and connectivity. By leveraging our extensive ASEAN network, professional financial expertise and well-established foreign direct investment (FDI) advisory capabilities alongside HKTDC’s strengths in trade promotion, we aim to unlock new opportunities for businesses and deliver innovative and sustainable solutions that fuel trade and development. Together, we empower businesses to thrive in an increasingly interconnected and dynamic economic landscape.”
The partnership focuses on initiatives that drive cross-border collaboration, facilitate trade flows and foster cultural and business exchange through joint programmes and knowledge-sharing platforms. By matching local value chains with incoming FDI, the partnership creates new avenues for local enterprises and promotes inclusive growth. Enhanced financial connectivity and investment support strengthen the region’s economic resilience, while capacity-building efforts equip businesses to sharpen their competitiveness and succeed in the regional landscape.
About UOB UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of more than 470 branches and offices in 19 markets in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.
For nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.
The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to helping businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.
About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.
Galaxy Payroll Group Limited(NASDAQ: GLXG, Galaxy Group), a leading global payroll provider, announced today the signing of a Memorandum of Understanding (MOU) to jointly develop innovative AI-powered HR solutions. The partnership will combine Galaxy’s payroll expertise with CURRENC’s artificial intelligence technology to create advanced tools for modern workforce management.
The cooperation, as outlined in the MOU, will focus on the development of two key modules that leverage the combined strengths of both parties. The “AI HR & Payroll Manager” will integrate Galaxy’s extensive payroll expertise with CURRENC’s advanced AI capabilities to streamline and enhance HR and payroll operations. This module will also introduce cryptocurrencies, particularly stablecoins, as a payment option for payroll processing, aligning with the growing trend of digital payments and offering clients a more efficient and secure payment alternative.
The “AI Recruitment Manager” will utilize data-driven automation technology to optimize the recruitment process, providing intelligent candidate screening and automated interview scheduling. This system aims to help enterprises accurately match talents with job requirements, significantly improving the efficiency and effectiveness of their recruitment processes. Together, these modules will not only enhance operational efficiency but also provide clients with innovative solutions that address modern workforce challenges.
Speaking of the strategic significance of this cooperation, Wai Hong Lao, Chairman and Chief Executive Officer of Galaxy Payroll Group, said, “Integrating stablecoins into our AI-driven HR product suite represents a dual innovation. It not only keeps pace with the current trend of digital payments but also enhances operational efficiency for our multinational clients, helping them achieve HR management upgrade in the digital era.”
Alex Kong, Founder and Executive Chairman of CURRENC, stating, “By combining Galaxy’s professional payroll service advantages with our accumulated AI technology in the financial field, we are confident in creating next-generation HR tools that can meet the challenges of today’s labor market and provide enterprises with more competitive solutions.”
About CURRENC Group Inc. CURRENC Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered Agents designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies, cryptocurrency exchanges and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.
About Galaxy Payroll Group Limited Galaxy Payroll Group Limited is a leading payroll outsourcing service provider based in Hong Kong. The company specializes in delivering HR and payroll solutions to multinational companies across various industries. With a focus on innovation and client satisfaction, GLXG operates in Hong Kong, Taiwan, Macau, and the PRC, offering payroll outsourcing, employment services, and consultancy to businesses of all sizes.
For more information, please visit Galaxy Payroll Group’s website: www.galaxyapac.com.
Forward-Looking Statements Matters discussed in this press release may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words “believe,” “anticipate,” “intends,” “estimate,” “potential,” “may,” “should,” “expect” “pending” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations.
For enquiry, please contact Intelligent Joy Limited: Karen Deng Phone: (852) 3594 6407 Email: pr-team@intelligentjoy.com
– The Kyrgyz Republic’s 5-Year USD Benchmark Bond Receives Peak 4x Oversubscription
TF International Securities Group Limited (TF International) together with China CITIC Bank International Limited, Citigroup Global Markets Limited and Oppenheimer & Co. Inc announced the successful assistance in the Kyrgyz Republic’s issuance of a 5-year USD benchmark international bond (represented by the Cabinet of Ministers of the Kyrgyz Republic acting through the Ministry of Finance of the Kyrgyz Republic). Originally targeting an issuance size of approximately USD 500 million, the transaction saw overwhelming market demand during bookbuilding, with peak orders exceeding USD 2.1 billion (including USD 50 million underwriter’s order) from over 130 investors. The final issuance size was upsized to USD 700 million with a coupon rate of 7.75%. This fully reflects the global capital market’s strong confidence in the Kyrgyz Republic’s economic development prospects and TF International’s cross-border financing capabilities.
Central Asia’s Ice-Breaking Sovereign Bond Debut Pioneers New Cross-Border Financing Paradigm This landmark transaction marks the first USD bond issuance by a Central Asian sovereign issuer in international capital markets, and represents a milestone for TF International in the field of Central Asian sovereign bond underwriting. By leveraging its global investor network and localized service strengths, TF International together with the other Global Coordinators efficiently managed cross-time-zone bookbuilding and precisely captured the optimal market window. This enabled Kyrgyz Republic’s successful debut in the international USD bond market with oversubscription, laying a solid foundation for the nation to diversify its future financing channels.
The bond issuer, the Kyrgyz Republic (rated B+ by S&P, B by Fitch, and B3 by Moody’s), will utilize the proceeds to support its national budget, with a focus on financing hydroelectric power projects and infrastructure projects. The Kyrgyz Republic, as one of the earliest countries to support and engage in the Belt and Road Initiative, has seen increasingly close economic and trade relations with China. TF International signed a memorandum of understanding with the Kyrgyz Republic Ministry of Finance earlier, becoming the first Hong Kong-based Chinese securities firm to establish an official partnership with The Kyrgyz Republic Ministry of Finance.
Building a Diversified Financial Services Ecosystem for the Belt and Road Initiative from Hong Kong Mr. Amanbaev Umutzhan Mominovich, Deputy Minister of Finance–Director of the Central Treasury, Ministry of Finance of The Kyrgyz Republic, expressed his gratitude to the Global Coordinators for the efforts and successful closing of this debut transaction. He said: “This is our first step on the international debt capital markets. We are going to maintain our presence and become a frequent issuer for further development of our country’s debt profile and meet the needs of The Kyrgyz Republic economy. This inaugural bond issuance has not only optimized the national debt structure but also raised capital at competitive rates, providing strong support for the nation’s critical development projects. The oversubscription of this issuance fully demonstrates the international market’s recognition of Kyrgyzstan’s economic prospects and sovereign credit. It has laid a solid foundation for the country to continuously attract international capital, deepen financial openness, and integrate into the global economy, representing a crucial step towards financial autonomy and global integration.”
Mr. Alexander Shupletsov, Head of Emerging Markets Coverage, Belt and Road Business Department at TF International, said: “Moving forward, TF International will continue to serve as a strategic bridge, deepening capital connectivity with countries and regions along the Belt and Road. Through diversified financial services, we will promote funding facilitation and advance the sustainable development of Hong Kong as an international capital market. I would like to emphasize the importance of Hong Kong as the funding hub for Belt and Road countries. In addition to The London Stock Exchange listing, the bonds are also listed on The Stock Exchange of Hong Kong(the first sovereign bond from Central Asia listed at HKEX). It would allow The Kyrgyz Republic to strengthen its recognition among Chinese and Asian investors. This milestone transaction was a very big step for The Kyrgyz Republic to diversify their sources of funding, build up its debt profile and create the country’s yield curve as a funding benchmark.”
Embodying the SCO Spirit: A New Chapter in Regional Economic Cooperation and Sustainable Development As the second China-Central Asia Summit approaches and the SCO’s “China Year” events gain momentum, The Kyrgyz Republic’s bond issuance marks a concrete step by Chinese financial institutions in supporting regional economic cooperation. It reflects China’s strong commitment to advancing development through financial connectivity and showcases the collaborative spirit between China and SCO member states. By deepening multilateral financial cooperation and promoting resource sharing, The Kyrgyz Republic is accelerating its integration into the global financial system and turning the vision of sustainable growth and shared prosperity into reality.
Mr. ZOU Chuan, CEO of TF International, stated: “The successful issuance of this sovereign USD bond by Kyrgyz Republic marks a significant achievement in Belt and Road financial cooperation and a concrete step toward delivering on China’s national strategy and the SCO Year of Sustainable Development for the SCO Summit 2025. The deal strengthens Hong Kong’s role as a global debt financing hub and reflects a growing trend of Belt and Road countries – starting with Central Asia – shifting offshore fundraising to Hong Kong and exploring diversified financing channels. It also signals meaningful progress in the internationalization of the renminbi, as it begins to play a significant role in sovereign balance sheets. Building on this momentum, TF International will continue to leverage Hong Kong’s platform to connect the Belt and Road countries with global capital, supporting infrastructure and green development through market-based solutions, and contribute to high-level opening-up by advancing sovereign and strategic project financing.”
TF International Securities Group Limited TF International Securities Group Limited (TF International) is a Hong Kong-based subsidiary fully owned by TF Securities Co., Ltd (TFS). Hubei Hongtai Group Co., Ltd, the Controlling Shareholder of TFS, is the only financial services enterprise affiliated with Hubei Province. TF International serves as one of the key state-owned interface that connects the capital market overseas with Hubei Province and the rest of Mainland China, bridging the gap between domestic and foreign markets. Acting as a pilot platform for TFS’ global expansion aspirations, TF International provides top-notch financial services to clients and actively encourages inbound and outbound strategies for institutions and enterprises.
TF International’s subsidiaries are regulated by the Securities and Futures Commission of Hong Kong to conduct Type 1 (Dealing in Securities), Type 2 (Dealing in Futures Contracts), Type 4 (Advising on Securities), Type 5 (Advising on Futures Contracts), Type 6 (Advising on Corporate Finance) and Type 9 (Asset Management) regulated activities, establishing itself among the most active Chinese-funded securities firms in the Hong Kong market.
Core clients and order fulfilment support higher top-line performance, Short-term margin impacted by one-off, upfront expenses for new project
Key Financial Performance Highlights for Q3FY2025:
Group’s total revenue for the quarter jumps to RM75.1 million, with e-mobility and energy storage segments as primary contributors, followed by electronics
Performance for the quarter supported by prompt execution of outstanding orders from FY2024 and progress on new scopes secured within existing client base
Both PBT and PAT stand at RM3.2 million for the quarter under review
GP, PBT, PAT, and PATAMI margins recorded at 11.6%, 4.3%, 4.3% and 1.1% respectively
Technology leader in providing turnkey, intelligent manufacturing automation solutions, GENETEC TECHNOLOGY BERHAD(Genetec or the Company), today announced its financial results for the third quarter ended 31 March 2025 (Q3FY2025). The Company reported a jump in their revenue to RM75.1 million, on par with the preceding year-on-year revenue levels, supported by the delivery of outstanding and new orders across its core client base. Gross Profit (GP) for the quarter came in at RM8.7 million with both profit before tax (PBT) and profit after tax (PAT) at RM3.2 million, and profit after tax and minority interests (PATAMI) at RM0.8 million. GP, PBT, PAT, and PATAMI margins stood at 11.6%, 4.3%, 4.3% and 1.1% respectively.
While the Q3FY2025 revenue marked a return to revenue levels previously seen in FY2024, profit margins and PAT for the quarter fell compared with the previous quarter’s PAT of RM6.3 million. The Company noted that this was due to several deliveries in the quarter involving new scopes which involved one-off, non-recurring expenses. Genetec expects margin to normalise in upcoming quarters.
Managing Director and Co-founder of Genetec, Chin Kem Weng commented, “Our top-line performance reflects a pickup in project execution and a healthy pipeline on the back of our ongoing client engagement. The margin dip this quarter is temporary, contributed by one-off expenses tied to the new project scopes and are not recurring. As such, we are confident that we will see a recovery in the margins in the coming quarters as project maturity and margin discipline for the new scopes improve. Genetec’s focus remains on deepening our partnerships with clients in key sectors like electric vehicle (“EV”), automotives, and energy storage, while we continue to seek meaningful diversification.”
Amid the ongoing shifts in global trade dynamics and supply chain strategies, Genetec sees structural tailwinds supporting its growth trajectory. As manufacturers reassess production footprints and strengthen operational resilience, there is an upward demand for flexible, cost-competitive and reliable high-quality automation solutions. Genetec’s Malaysia-based production model, combined with a proven international track record, deep technical expertise, and agile manufacturing capabilities, positions the Company well to support clients adapting to these changes.
The Company remains focused on deepening its engagement with existing customers while exploring opportunities to broaden its client base. In addition to pursuing new scopes within existing clients’ operations, Genetec has actively participated in several international exhibitions and industry events in recent months, which have generated encouraging business leads. These engagements mark early steps toward potential entry into new industries and segments, in line with the Company’s longer-term strategy to diversify and grow.
Genetec is also actively managing its current production load while progressing its EPIC plant expansion, scheduled for completion in early 2026. The new facility will significantly increase floor space and technical capabilities, supporting Genetec’s ability to deliver on multiple high-value projects simultaneously.
“We remain focused on timely order execution, quality and cost control, and supporting our clients in a rapidly evolving industrial and technological environment. With steady project momentum, a growing base of client engagements, and strategic expansion into new sectors, we are cautiously optimistic about the road ahead. We believe Genetec is well-positioned to build on this foundation for long-term growth,” Chin concluded.
With ongoing execution across key client projects and growing interest from new industries, Genetec continues to position itself as a trusted global partner in automation.
About Genetec Technology Berhad Genetec Technology Berhad is a public listed company on the Main Market of Bursa Malaysia Securities Berhad (Stock code: 0104) and a global leader in providing customised, turnkey smart factory automation solutions. With a strong international footprint, it serves a diverse range of industries including electric vehicle (EV), e-mobility and energy storage, automotive, hard disk drives (HDD), consumer electronics, appliances, and pharmaceuticals.
MODONG Coffee, a leading global health and wellness brand, is proud to announce its sponsorship of G-DRAGON 2025 WORLD TOUR [Übermensch] IN TAIPEI, presented by KGI FINANCIAL GROUP, taking place on July 11 (Fri.) and July 13 (Sun.) at the Taipei Arena. As the Official Sponsor, MODONG Coffee brings an innovative fusion of “Music × MODONG Energy” to create an immersive audiovisual experience for fans. This collaboration marks a strategic milestone in MODONG Coffee’s youth-centric expansion, advancing its “IP + Scenarios + New Retail” ecosystem.
As one of Asia’s most influential music IPs, G-DRAGON’s upcoming tour, themed “Übermensch”, symbolizes his groundbreaking interpretation of art and self-expression. As an Official Sponsor, MODONG Coffee joins forces with Samsung, ADATA Technology, and other brands to deliver an immersive experience, seamlessly blending stunning visuals with exceptional music for the audience.
As the flagship product of Star Plus Legend’s new retail business, MODONG Coffee has established a leading position in China’s bulletproof drink market since its launch in 2019 with its differentiated product positioning. According to China Insights Consultancy, MODONG coffee has ranked first in the bulletproof drink market by GMV in the PRC for five consecutive years (2020-2024). As of 2024, the cumulative sales of MODONG coffee have reached 100 million cups. That same year, MODONG brand and its products earned multiple prestigious certifications, including “a high profile brand in Jiangsu province” and “the iSEE list of top 100 innovative brands”, further solidifying its market competitiveness.
Additionally, MODONG Coffee has deeply integrated with the phenomenal variety show IP “J-Style Trip”, achieving “traffic-to-sales conversion” through celebrity-driven marketing and scenario-based campaigns. This strategy drove a 360% year-on-year sales surge in its debut year, propelling Star Plus Legend’s net profit to soar 233% YoY. To meet evolving consumer demands, MODONG Coffee underwent a brand upgrade in 2025, launching the MODONG MAGIC series—Sicilian Lemon Coffee and Cactus Black Coffee—under the concept “A Cup On-the-Go: Crafting Magic for Healthy Living”. The brand aims to pioneer a new MODONG lifestyle rooted in low-carb diets and scientific fitness, fostering healthier habits and redefining the relationship between nutrition and wellness. To amplify brand influence, MODONG MAGIC became the exclusive title sponsor of “J-Style Trip Season 3”. The show has aired nine episodes to date, dominating CSM71-city provincial satellite TV ratings with nine consecutive time-slot No.1 rankings. It generated 298 trending topics and over 2.9 billion impressions across platforms, igniting widespread social engagement.
The support for the “G-DRAGON 2025 WORLD TOUR [Übermensch] IN TAIPEI, presented by KGI FINANCIAL GROUP” represents a key step in MODONG Coffee’s strategic layout of combining “healthy trendy beverages + entertainment.” By leveraging G-DRAGON’s global fan appeal and the high popularity of the concert, the brand aims to further expand its influence in the Asia-Pacific market — marking a significant leap for MODONG Coffee from product to brand, and from local to global.
Looking ahead, MODONG will remain sharply focused on Gen Z consumers, engaging them through health, music, fashion, and digital art to strengthen its youth-oriented identity. Powered by AI-driven IP innovation, the brand is poised to accelerate the fusion of digital technology and the real economy.
Positions ASEAN to capture key opportunities at a pivotal time in history
CGS International Securities Pte Ltd (CGS International) and CGS International Securities Malaysia Sdn Bhd (CGS MY) in collaboration with MBSB and OCBC Malaysia, today at their curtain raiser for the inaugural ASEAN Business Forum 2025 (ABF2025 or the Forum), shared key action points slated for intense discussion at the event to be held on 29 May 2025. ABF2025 will be held in conjunction with the 46th ASEAN Summit 2025 in Kuala Lumpur, and the ASEAN-GCC + China Summit 2025. A key highlight of the forum is the corporate engagement and business exchange session designed to drive real business collaboration between pre-screened and pre-selected matching parties from the top 25 corporations and investors across ASEAN and China.
From left to right: En. Khairi Shahrin Arief Baki, Deputy CEO of CGS MY, Mr. Sivasuriyamoorthy Sundara Raja, Deputy CEO of MIDA (Investment Promotion and Facilitation), Puan Azizah Mohd Yatim, CEO of CGS MY, YBhg. Tan Sri NazirRazak, Chairman of the ASEAN-BAC for Malaysia, Ms. Tan Ai Chin, Managing Director, Senior Banker & Head of Investment Banking of OCBC Malaysia, YBhg. Dato’ Azlan Shahrim, Group Chief Strategy Officer of MBSB Berhad, and Mr. Alan Inn Wei Loon, Deputy CEO of CGS MY at the Curtain Raiser for the ASEAN Business Forum 2025.
Themed “From Vision to Reality – ASEAN Partnerships Fuelling Sustainable Growth”, the forum is co-hosted with the Malaysian Investment Development Authority (MIDA) and ASEAN Business Advisory Council (ASEAN-BAC) Malaysia. It is expected to draw more than 600 attendees comprising over 200 foreign and local corporates, policymakers and corporate captains. They represent the region’s largest companies of over RM1 trillion in market capitalisation, council members of ASEAN BAC countries, and fund managers with total funds under management of over RM 8 trillion. The gathering comes at a critical juncture of a changing world order arising from United States tariffs, as affected countries explore alternative strategies to sustain economic stability and growth.
Present at the curtain raiser were CGS International’s strategic partners, represented by YBhg. Tan Sri Nazir Razak, Chairman of the ASEAN-BAC for Malaysia, Mr. Sivasuriyamoorthy Sundara Raja, MIDA Deputy Chief Executive Officer (Investment Promotion and Facilitation), YBhg. Dato’ Azlan Shahrim, Group Chief Strategy Officer representing MBSB Berhad and Ms. Tan Ai Chin, Managing Director, Senior Banker & Head of Investment Banking of OCBC Malaysia – both trusted banking partners committed to growing ASEAN financial ecosystems and supporting sustainable investment flows.
Mr. Sivasuriyamoorthy Sundara Raja, MIDA Deputy CEO (Investment Promotion and Facilitation) shared, “We commend CGS International Securities for hosting the ASEAN Business Forum 2025 — a timely effort that speaks to the region’s shared aspiration for sustainable and inclusive prosperity, amidst geopolitical and challenging global economic landscape. At MIDA, we are committed to partnerships that go beyond transactions, that shape long-term value for Malaysia and uplift business communities. This forum bodes well with the statement of intent by ASEAN — to lead with shared purpose, unity, and economic vision. As the Malaysian government’s principal promotion agency, MIDA stands ready to facilitate investments that strengthen regional supply chain integration and elevate ASEAN on the global stage.”
YBhg. Tan Sri Nazir Razak, Chairman of the ASEAN-BAC for Malaysia added, “Now, more than ever, ASEAN needs to strengthen bilateral ties and stay united. We need to be deliberate and realistic, taking concerted efforts to optimise intra-ASEAN trade and investments. Amongst our 12 priorities, initiatives such as the ASEAN Business Entity (ABE) directly facilitate this by enabling operational flexibility to ASEAN-based companies to move business, capital, and talent, which will in turn allow emerging businesses and markets to flourish.”
In her opening presentation, Puan Azizah Mohd Yatim, CEO of CGS MY said, “This forum marks a major milestone in our ongoing efforts to attract more investment and trade to the region by leveraging CGS International Group’s Chinese parentage. Malaysia’s Chairmanship of ASEAN is happening at a unique time of a shifting world economy. Together with our fellow ASEAN members, we have a golden opportunity to co-ordinate and re-establish deeper, stronger intra-ASEAN, ASEAN+3 and global ties. Through our deep ASEAN network and parentage, we can connect and support the capital needs of businesses in the region and help investors navigate cross-border investments confidently. To date, we have organised and facilitated B2B and B2G engagements for companies and policymakers with China, working towards uplifting ASEAN’s businesses and economies.”
On behalf of MBSB Group, its Chief Strategy Officer Dato’ Azlan Shahrim highlighted, “Our active participation in the ASEAN Business Forum reflects our commitment to catalysing deeper collaboration across the region. At MBSB Group, we are committed to advancing Malaysia’s regional and global ambitions through our unique combination of MBSB Bank’s banking solutions and MIDF’s development finance expertise. With focus on high-impact sectors such as renewable energy, electrical and electronics, aerospace, agri-foods, and halal, we provide bespoke services that empower businesses and SMEs to grow strategically across ASEAN and beyond. Through our investment banking services, Shariah advisory expertise, and commitment to sustainability, we are helping companies raise capital and scale, in line with the region’s evolving economic landscape.”
Ms Tan Ai Chin, Managing Director, Senior Banker & Head of Investment Banking of OCBC Malaysia, concluded, “At OCBC, we believe ASEAN’s strength lies in its connectivity — the seamless integration of markets, talent, and capital, underpinned by sustainable growth. Our participation in ABF2025 underscores our commitment to facilitate cross-border economic collaboration. Through OCBC Group’s integrated global network – spanning corporate & investment banking, private banking, asset management and insurance – we empower businesses to unlock growth opportunities that transcend borders. With our deep-rooted presence in ASEAN and Greater China, OCBC is uniquely positioned to deliver tailored sustainable and Islamic financial solutions as well as bespoke M&A advisory to facilitate trade and investment flows. Together, we are bridging economies while building a resilient, net-zero future for ASEAN.”
The full-day forum will feature more than 20 speakers and panellists for discussions as well as closed- door meetings between investors and policy makers, all focused on addressing challenges and catalysing opportunities for high-value deals and strategic partnerships for regional economic growth. Several memoranda of understanding (MOUs) will be announced during the Forum, signalling long- term collaboration in strategic growth sectors such as healthcare, investments, single family office, and trade. In addition to the MOUs, China Galaxy Securities and CGS International Group intend to establish a China-Malaysia and ASEAN investment programme, which aims to foster capital flows, build stronger investment linkages, and support co-investment opportunities amongst China, Malaysia and ASEAN countries, with Malaysia as a key regional anchor.
– 59 MoUs and announcements facilitated to enhance HK’s role as superconnector and super value-adder
– A delegation led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region, visited Kuwait as part of a broader high-level visit to the Middle East – The delegation explored the Middle Eastern market and supported high-quality Belt and Road cooperation while promoting Hong Kong’s unique role as a superconnector and super value-adder – A total of 59 MoUs and announcements were facilitated during the mission, cultivating deeper partnerships between Hong Kong, the mainland, Qatar, and Kuwait
A business delegation led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), and organised by the Hong Kong Trade Development Council(HKTDC) visited Kuwait City on 12-15 May, successfully concluding a five-day mission to Qatar and Kuwait.
A total of 59 MoUs and announcements were facilitated during the mission with the aim to cultivate deeper partnerships and create new opportunities for synergy between Hong Kong, the mainland, Qatar, Kuwait and the broader Middle Eastern market. The mission also successfully enhanced collaboration between Hong Kong and the mainland, enabling mainland companies to partner with Hong Kong businesses to expand into the Middle East and beyond.
Over the past few days, the delegation, comprising over 50 business leaders from Hong Kong and enterprise representatives from seven mainland provinces and cities, explored the Middle Eastern market and supported high-quality Belt and Road cooperation while promoting Hong Kong’s unique role as a superconnector and super value-adder.
During the visit to Kuwait, 24 memoranda of understanding (MoUs) and announcements were facilitated in trade and investment promotion, finance, law, transport and logistics, innovation and technology (I&T), agriculture, education and sport.
The delegation met with senior executives and key members of the Kuwait Investment Authority (KIA), conglomerate Bukhamseen Group Holding and the Kuwait Chamber of Commerce and Industry (KCCI) to discuss investment opportunities and potential collaborations.
The delegation also met with several representatives from the Kuwait Direct Investment Promotion Authority (KDIPA) to gain an in-depth understanding of the operations of Kuwait’s free trade zones. The meeting explored potential cooperation opportunities in areas such as logistics, manufacturing, distribution, and technology.
The delegation visited the Sheikh Abdullah Al Salem Cultural Centre to gain a comprehensive overview of Kuwaiti history, culture and achievements.
To foster cooperation, the Hong Kong Economic and Trade Office (HKETO) and Hong Kong Trade Development Council (HKTDC) organised a high-level business luncheon, which was attended by some 270 business leaders and key officials.
Concluding the Middle East mission, Mr Lee said the delegation, comprising Hong Kong and mainland business leaders, had achieved three key objectives: 1. To strengthen government-to-government relations; 2. To find new areas of collaboration; and 3. To make friends, and expand networks. “Over the past four days, I have observed that both Qatar and Kuwait are experiencing rapid development, supported by substantial investment and continually expanding economies. In meetings with leaders and officials, I appreciated their forward-looking vision and understanding of Hong Kong’s unparalleled advantages under ‘one country, two systems’ as a bridge between the mainland and the world. As Middle Eastern countries seek diversification of risk and look for opportunities in China and the Hong Kong SAR to join the tide of the global economic shift towards the East, Hong Kong has boundless opportunities.”
He pointed out that this visit will elevate the relationship between Hong Kong and Qatar and Kuwait to a new level, bringing more business opportunities to Hong Kong, and noted, “We will continue to strive to explore new opportunities and frontiers for Hong Kong.”
Dr Peter K N Lam, Chairman of the HKTDC, said: “Over the past few days, we engaged in high-level government and business meetings, hosted business luncheons and visited key development projects in Qatar and Kuwait. We explored how Qatari and Kuwaiti businesses can leverage Hong Kong’s advantages in finance, innovation and technology and professional services to advance intiatives in finance, energy transformation and smart infrastructure projects, contributing to the Qatar National Vision 2030 and Kuwait Vision 2035.”
“Following the visits, the HKTDC will continue to invite business leaders from the Middle East to visit Hong Kong. We welcome them participating in our international events, such as the Belt and Road Summit and Asian Financial Forum to explore opportunities in Hong Kong, Mainland China and beyond,” Dr Lam added.
24MoUs and announcements were facilitatedin Kuwait by the government and the following members of the delegation: 1.Invest Hong Kong and Kuwait Direct Investment Promotion Authority (KDIPA) 2.Agriculture, Fisheries and Conservation Department and Marine Science Centre of Kuwait University (Announcement) 3.Agriculture, Fisheries and Conservation Department and Public Authority of Agriculture Affairs and Fish Resources (Announcement) 4.Hong Kong Customs and Excise Department and Kuwait General Administration of Customs (Announcement) 5.Airport Authority Hong Kong (AAHK) and Kuwait Airways (Announcement) 6.Belt and Road General Chamber of Commerce and Kuwait Chamber of Commerce & Industry (KCCI) 7.Federation of Hong Kong Industries (FHKI) and Kuwait Chamber of Commerce & Industry (KCCI) 8.Hong Kong General Chamber of Commerce (HKGCC) and Kuwait Chamber of Commerce & Industry (KCCI) 9.Hong Kong Trade Development Council (HKTDC) and Kuwait Chamber of Commerce & Industry (KCCI) 10.Hong Kong Trade Development Council (HKTDC) and Kuwait Direct Investment Promotion Authority (KDIPA) 11.Sports Federation & Olympic Committee of Hong Kong, China and Olympic Council of Asia 12.The Chinese Manufacturers’ Association of Hong Kong (CMA) and Kuwait Chamber of Commerce & Industry (KCCI) 13.The Law Society of Hong Kong and Kuwait Bar Association 14.Financial Services Development Council (FSDC) and Capital Market Authority in Kuwait (CMA) (non-delegate) 15.City University of Hong Kong and Ministry of Higher Education 16.City University of Hong Kong and Kuwait University 17.Templewater and Blue Ocean Company 18.Deloitte China and Baoye Hubei Construction Engineering Group Co., Ltd 19.Deloitte China and PCI Technology Co., Ltd 20.HSBC and PCI Technology Co., Ltd 21.HSBC and Meetsocial Group 22.Templewater and Shanghai Westwell Technology 23.Templewater and Shanghai Fengling Renewables Co., Ltd 24.Dongchao Information Technology (Shanghai) Co., Ltd and Kuwait Direct Investment Promotion Authority (KDIPA)
Earlier during the mission, 35 MoUs and announcements were facilitatedin Qatar: 1.Federation of Hong Kong Industries (FHKI) and Qatar Chamber of Commerce & Industry (QCCI) 2.Hong Kong General Chamber of Commerce (HKGCC) and Qatar Chamber of Commerce & Industry (QCCI) 3.Hong Kong Tourism Board (HKTB) and Qatar Airways 4.Hong Kong Trade Development Council (HKTDC) and Invest Qatar 5.Hong Kong Trade Development Council (HKTDC) and Qatari Businessmen Association (QBA) 6.Hong Kong Trade Development Council (HKTDC) and Qatar Chamber of Commerce & Industry (QCCI) 7.Hong Kong Trade Development Council (HKTDC) and Qatar Financial Centre (QFC) 8.The Chinese Manufacturers’ Association of Hong Kong (CMA) and Qatari Businessmen Association (QBA) 9.The Hong Kong Associations of Bank and Qatar Chamber of Commerce & Industry (QCCI) 10.The Law Society of Hong Kong and Qatar International Center for Conciliation and Arbitration (QICCA) 11.The Law Society of Hong Kong and Qatar Lawyers Association 12.Financial Services Development Council (FSDC) and Qatar Financial Centre (QFC) (non-delegate) 13.Hang Seng Indexes Company Limited and Qatar Financial Centre (QFC) 14.MTR Corporation Limited and Qatar National Bank 15.Belt and Road General Chamber of Commerce and Luyi Industrial Park 16.Hong Kong Productivity Council and Shanghai Westwell Technology 17.Hong Kong Productivity Council and EHang Intelligent Equipment (Guangzhou) Co., Ltd 18.Bank of China (Hong Kong) and Shanghai Westwell Technology 19.Baoye Group and Luyi Industrial Park 20.Deloitte China and Glodon Technology Co., Ltd 21.Deloitte China and WeBank 22.HSBC and PCI Technology Co., Ltd 23.HSBC and Meetsocial Group 24.Standard Chartered and Fosun International 25.Templewater and WeBank 26.Center International Group Co., Limited and Luyi Industrial Development QFZ 27.Luyi Industrial Park and Qatar Development Bank 28.Goldford Group and WeBank and Klickl Technology L.L.C. 29.Development Bureau and Public Works Authority ‘Ashghal’ of Qatar 30.Invest Hong Kong and Qatar Chamber of Commerce & Industry 31.Invest Hong Kong and Qatari Businessmen Association (QBA) 32.Department of Justice and Ministry of Justice of the State of Qatar (Announcement) 33.Hong Kong Customs and Excise Department and Qatar Customs (Announcement) 34.Security Bureau (Announcement) 35.Trade and Industry Department and Ministry of Commerce and Industry of the State of Qatar (Announcement on progress of IPPA’s negotiation)
About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.